Recent sales of some real estate and record profits make it possible for a manufacturer to set aside $1,000,000 in a fund to be used for modernization and remodeling. How much can be withdrawn from this fund at the beginning of each half-year for the next 5 years if the fund earns 6.7%, compounded semiannually? (a) Decide whether the problem relates to an ordinary annuity or an annuity due.

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Q: The Weimer Corporation wants to accumulate a sum of money to repay certain debts due on December 31,…

A:

Q: 1. A construction equipment with no salvage is to be replaced at the end of 12years from now at a…

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A: In this we need to calculate the sinking fund factor from that we can get the payment.

Q: "To pay off $66000000 worth of new construction bonds when they come due in 31 years, a water…

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Q: To pay off $50,000,000 worth of new construction bonds when they come due in 20 years, a water…

A: An Annuity is a series of payments of fixed amounts and at fixed intervals. These can be of two…

Q: On January 15, 2012, Dolan Corp. adopted a plan to accumulate funds for environmental improvements…

A: Annuity refers to the series of payments made at an equal set of intervals. Annuity due refers to…

Q: McCarthy Construction is trying to bring the company-funded portion of its employee retirement fund…

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Q: 1. A business man wishes to set aside semiannual payments to purchase machinery after two years (two…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Victoria Industries (VI) plans to accumulate funds for the purchase of a larger manufacturing…

A: Here, Monthly Contribution is $10,000 Time Period is 7 years Interest Rate is 4.5% Compounding…

Q: Choi Home Repair needs to accumulate $24,000 in 6 years to purchase new equipment. What sinking fund…

A: Given: Future value: $24,000 Rate: 8%/4 = 2% Nper: 6*4 = 24

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Q: wo years from now. My Orly needs P32,000 to liquidate a certain debt. If money is worth 5%…

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Q: Omega Inc. purchased a deffered annuity which pays $23,000 at the beginning of every three months…

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Q: Mark deposit $1,000,000 in a fund today, the conditions for payment to Mark are a fixed amount for…

A: using excel Goal seek to find out the fixed amount

Q: The Sebastinian Arts Guild wants P5,000 at the end of each 2-months theater season for renovations.…

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Q: 6. A company wishes to spend P40,000 for a new office copier and decides to set up a sinking fund to…

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Q: A consultant advises that a fund pays out $100,000 at the end of 5 years. Provided $12,000 is…

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Q: "To pay off $58000000 worth of new construction bonds when they come due in 29 years, a water…

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Q: A- A company borrowed $60,000 for renovation. The company plans to set up a sinking fund that will…

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Q: purchased for $185,000 pays $5,000 at the end of every quarter. How long will the payments continue…

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Q: A company has to retire 500,000 debenture of 8% interest 10 years from today. The company plans to…

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Q: A company borrowed $60,000 for renovation. The company plans to set up a sinking fund that will pay…

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Q: In order to accumulate $500,000 after 25 years, calculate the amounts that must be invested at the…

A:

Q: A company wants to have $40,000 at the beginning of each 6-month period for the next 4 1/2 years .…

A: Given:

Q: Hot Wheels Depot needs to accumulate $23,750 in 5 years to purchase new equipment. What sinking fund…

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Q: The city isrequired to make regular payments every 3 months into a sinking fund paying 5.4%…

A: A)The interest rate is 5.4% compounded quarterly.There would be 40 quarters in 10 years.The cost of…

Q: A construction equipment with no salvage is to be replaced at the end of 12 years from now at a cost…

A: The replacement value of machine (i.e., 800,000) is the future value of annuity at 15% compounded…

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A: Present Value:  The present value is the value of cash flow stream or the fixed lump sum amount at…

Q: Mr. Canlapan deposited his money from selling his old vehicle. The fund would allow him to withdraw…

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Q: A 25-year annuity was purchased with $225,000 that had accumulated in a RRSP.  The annuity provides…

A: DefinitionRRSP:  A Registered Retirement Saving Plan is an investment cum retirement saving plan for…

Q: A company wants to accumulate $100,000 to purchase replacement machinery 8 years from now. To…

A: An annuity is the sum of an equal amount after an equal interval of time made in an account to…

Q: Choi Home Repair needs to accumulate $26,000 in 6 years to purchase new equipment. What sinking fund…

A: Dear student, we need to find future value of ordinary annuity factor by using table 12-1 in the…

Q: Choi Home Repair needs to accumulate $24,000 in 6 years to purchase new equipment. What sinking fund…

A: Frist we need to find future value annuity factor of ordinary annuity in table attach below question…

Q: A company wants to accumulate $100,000 to purchase replacement machinery 8 years from now.To…

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Q: To provide for the automation of a production process in five years, Dominion Chemicals is starting…

A: A fund that is created to repay a debt or replacement of an asset by putting an equal sum of amount…

Q: Recent sales of some real estate and record profits make it possible for a manufacturer to set aside…

A: The problem relates to an annuity due  Present Value of annuity due   = P + P *…

Q: Northern Flying Science is preparing to buy an aircraft estimated to cost $600,000 by making equal…

A: a)  Size of the quarterly payment N = 5*4 =20 I/Y = 8/4 = 2 PV =0 FV = -600,000 Compute PMT

Q: In five years, ₱1.8M will be needed to pay for a building renovation. In order to generate this sum,…

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Q: A firm is required to make a payment at the end of each year for 9 consecutive years. The annual…

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Q: A consultant advises that a fund pays out $100,000 at the end of 5 years. Provided $12,000 is…

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Q: Nala Inc. purchased a plot of land on which a $60,000 payment will be due each year for the next…

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Q: Jones Assoc. borrowed $40,000. The company plans to set up a sinking fund that will pay back the…

A: Given information: Amount borrowed : $40,000 time period : 8 years rate of interest : 12%…

Q: The Tinta Arts Guild wants ₱5,000 at the end of each 2-months theater season for renovations. How…

A: Annuity Payment = 5000 End of each 2 months N = Number of annuity payments = 5 years i.e. 30…

Leasing

Leasing is a contractual arrangement in which someone (a lessee) pays the owner (or lessor) of a building, land, vehicle, or other asset for the use of that asset. The lease is the agreement between lessee and lessor.